Personally, I never considered memecoin for long term investment but nowadays, people are going after every memecoin with the hope of changing their life like we see some stories online but in reality only few can make such profits while others are going to lose just like every investment, so I wanted to ask how to you see this craze for memecoins in the recent days.
Hyped people number reaches a new record high you mean? I mean lets be honest, these tokens are not there for investing, they are there because people think that you could make some decent return from it and nothing more. I have realized long time ago that we are not going to end up with anything that could be a little different.
I am very well aware that it is not going to be easy, it is just not going to be all that complicated if we let it be, so we should probably consider the problem of memecoins to be regards to people themselves and let them do whatever they want. I have seen THOUSANDS of people begging Elon to tweet about doge because they lost all their life savings, if you are fine with that, go ahead and invest.
Doge coin was considered as one of the coin for long term even after the founder moved away from the project and before the Elon Musk interfered with memecoins but from that moment the real craze started, which took the memecoins to its next phase and resulted in the emergence of hundreds of new memecoins. Anyone who invest on memecoins should know that they can lose their capital completely or make a fortune for their life.
